US Senate approves change to controversial crop insurance program

Nordstrom
crop insurance program

Crop insurance sees reforms at the hands of the Senate Crop insurance has been a matter of debate for U.S. lawmakers for more than a year. The attention drew more attention in the wake of the 2012 drought that threatened crops through much of the Midwest. The damage caused by this disaster successfully highlighted many of the problems that exist in the country’s current crop insurance program, spurring federal lawmakers to address these issues for the sake of economic stability and progress. Senate approves change to farm bill Late last…

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Homeowners insurance from Frontline moves into Delaware

Julie Campbell
Homeowners Insurance Rates

The company has just announced its licensing expansion into the state for coastal property coverage. One of the leading coastal homeowners insurance companies in the United States has just announced that its expansion is continuing and that this now includes licensing to sell its policies in Delaware. This will add one more option for property owners in the state and will help to boost competition. According to the president of the insurer, “Coastal coverage for homeowners is a primary focus for us. Delaware has shown continued growth in its beach…

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Health insurance prices in California announced

H. Cutner
health insurance promotion

Consumers can now start to understand what they will be paying when the Affordable Care Act is implemented. California has now released the price that consumers will be paying for a number of health insurance plans that will be offered through the state’s exchange as a result of the Affordable Care Act, which will go into full effect in 2014. These newly released prices offer a glimpse of what the coverage will cost in the rest of the country. Within the federal healthcare law overhaul, Americans who are not able…

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Long term care insurance applications of boomers rejected

G. Turner
Long Term Care Insurance

Applicants for the coverage are experiencing a notable downtrend in their acceptance by insurers. The industry has noted a striking trend in the long term care insurance sector, in which applicants for the coverage – particularly in the baby boomer age group – have not been able to purchase the policies because they have been rejected by their insurers. These consumers are being told that LTC coverage is important to their future planning but cannot buy it. According to the data that has just been released by LTC Tree, insurers…

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Three large insurers opt out of California health insurance exchange

Marc
Health Insurance company merger Aetna

Health insurance companies choose to opt out of exchange program California’s health insurance exchange, called Covered California, is beginning to take shape as it inches closer to becoming fully active at the end of this year. The exchange has been accepting policy applications from numerous health insurance companies throughout the state, all of which seem eager to participate in the exchange system. Three of the state’s largest insurers, however, have decided to opt out of the exchange program, at least for the first year of its operation. Decision could limit…

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